TAQA FY 2020 Proforma Consolidated Results and Dividend Policy
3b Ability to access high-value growth opportunities
Growth across the value chain in the UAE
Selective approach to growth
in international markets
C
Optimally placed to capture potential growth opportunities in the United
Arab Emirates, including playing a key role in delivering the United Arab
Emirates Energy Strategy 2050
TAQA will selectively seek value-added
growth outside of UAE
Generation
Invest in new Power & Water capacity in Abu Dhabi to match
demand growth and transition to renewables
Focus on contracted or regulated power and water
generation opportunities with attractive risk-adjusted returns
Investment in RO1 and solar, fulfil UAE strategy of raising
renewable share of power generation to 50% by 2050
Focus on markets where we have a strong competitive
advantage or an existing presence
Transmission
and distribution
*
Upgrade of existing connections and new networks
1. Reverse osmosis
Growth of power and water grid to accommodate new demand
Enter projects with substantial size that fit TAQA's core
competencies
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